FedEx UK made four acquisitions totalling £13.8m in the past 10 months – but has declined the opportunity to say why. The acquisitions are noted as events that took place after the closure of the most recent financial year at the UK arm of the international express delivery giant on 31 May 2016. On 3 June 2016 it acquired 100% of Roseglen Enterprises for £1.9m. Companies House describes the activities of the firm as “postal activities under universal service obligation”. […]
CitySprint has acquired all operations at Woking-based Eagle Express Worldwide Couriers. Its same-day, international and UK overnight operations were acquired by CitySprint on 8 December, taking its network to 35 depots and 2,000 couriers. It will be transferred over to the CitySprint brand later this month. CitySprint said the transition will be seamless for Eagle Express’ customers and it will continue to be serviced by the same staff at the same depot in Old Woking. Chief executive Patrick Gallagher said: […]
Palletways Group has been bought by South-African group Imperial Holdings in a transaction worth £163m.